5011 42nd Street
Lubbock, TX 79414
3
Bedrooms
2
Bathrooms
1,407
Sq Ft
1959
Year Built
About This Home
Loudermark Rentals represents a methodically assembled portfolio of 25 properties — 35 total rentable doors — across Lubbock, Texas. Every unit is currently rented and cash-flowing. These are well-maintained, tenant-occupied homes and units with established rental histories in a supply-constrained secondary market. This is not a collection of distressed assets or a value-add project in search of an operator: it is a stabilized, professionally managed portfolio ready to transfer income on day one, offered at $4,200,000.
Property Details
Property Type
RES
Property Style
SingleFamilyResidence
Status
Active
MLS #
248655717
Days on Market
New
Interior Features
Total Bedrooms
3
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Exterior & Lot
Parking
Attached, Garage, See Remarks
Financial Information
List Price
$165,000
Price per Sq Ft
$117
Est. Monthly Payment
$825
Market Insights
$/Sqft vs Market Avg
-11%
Below MarketMarket avg: $131/sqft
Days on Market
0
Faster than avgMarket avg: 33 days
Price Position
Below Market
Market avg: $306,254
*Compared to 100 active listings in the area
Location
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5011 42nd Street
$165,000
$117/sqft
Est. $825/mo*
*Based on 20% down, 30-year fixed
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Christopher Brooks
Your Local Expert